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Form BP A655 013, Request for Inmate Telephone Transaction Data

Form BP A655 013, Request for Inmate Telephone Transaction Data

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all right so now we're going to actually get in to the the ppp forgiveness forms so let's start with the form 3508 s let's talk about the safe harbors and the related information so what i want to point out first and foremost is that if you have a 50 000 or less loan there is no fte requirement nor is there a reduction in compensation requirement that you're you have to meet okay so again for loans that are 50 000 or less and as you remember from what i showed you on a slide earlier that's i think over 85 percent of the loans that we did this year are 50 000 or less you do not have to show full-time equivalent status for your employees and comply with any requirements related to that and you do not have a requirement for complying with maintaining your compensation of your employees whether it's salary or hourly wage at at least 75 percent of their pre-covered wage so again 50 000 or less that's your loan amount you have no compliance requirements and you can just submit your applicati

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